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Cairn Homes (LON:CRN) Shares Pass Below 50 Day Moving Average - Here's Why

Cairn Homes logo with Consumer Cyclical background
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Cairn Homes plc (LON:CRN - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 183.17 ($2.37) and traded as low as GBX 167.20 ($2.17). Cairn Homes shares last traded at GBX 167.20 ($2.17), with a volume of 418,942 shares trading hands.

Cairn Homes Stock Performance

The stock has a market capitalization of £1.26 billion, a price-to-earnings ratio of 11.86 and a beta of 1.12. The company has a quick ratio of 0.22, a current ratio of 9.29 and a debt-to-equity ratio of 39.97. The stock's 50-day simple moving average is GBX 181.09 and its 200 day simple moving average is GBX 176.83.

About Cairn Homes

(Get Free Report)

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.

Further Reading

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